Economy

China's Ministry of Commerce (MOFCOM) encourages competitive domestic enterprises to invest in Australia and hopes the Australian government will create a fair and non-discriminatory environment for Chinese investors, the ministry's…

Officials offer olive branches to foreign companies Chinese officials are stepping up their effort to extend olive branches to foreign companies - a move that observers say could solidify foreign…

The first flight from Wuhan, Central China's Hubei Province to Beijing since the outbreak of COVID-19 took off on Tuesday, operated by China Southern Airlines and marking the official resumption…

The International Monetary Fund (IMF) is expected to revise down the growth forecast for the Asia and Pacific region in an update to its World Economic Outlook (WEO) later this…

China's consumer price index (CPI), a main gauge of inflation, continued to decelerate growth in May. The further decline was mainly due to decreasing food prices as life and production…

A looming steep US recession is sending a warning to Washington to rekindle its relations with Beijing and avoid "committing suicide" by pushing a decoupling between the world's two largest…

China's new-energy vehicle (NEV) sales in May fell 25.7 percent year-on-year to 70,200 units, easing from a 30-percent contraction in April, industry data showed. NEV sales rose 19.5 percent month-on-month…

Qualcomm, Apple face countermeasures if tensions with US escalate Taiwan Semiconductor Manufacturing Co (TSMC) may be accelerating chip sales to Huawei Technologies to provide up to a year's chips supply,…